Legal Opinion
Lawrence v. Sudman
District Court, S.D. New York
Decided June 21, 1945No. Civ. 25-177PublishedCited by 5 opinions
1Opinion of the Court
BRIGHT, District Judge.
The plaintiffs, until September 20, 1940, were employees and until September 23, 1940, stockholders of Black Diamond Lines, Inc. Defendants were the owners of 94,-500 shares of the common stock of that corporation (which consisted of 100,-000 shares, par 5^), and from December 13, 1939 were the sole directors and officers thereof. Plaintiffs and eight other employees were the owners of the other 5,500 shares, each of the plaintiffs owning 500 thereof.
The amended complaint alleges claims under three counts. The first count is, that at or about the time plaintiffs became…
2Cases cited9 opinions
- Securities & Exchange Commission v. Chenery Corp.Supreme Court of the United States · 1943
- Watson v. . GuginoNew York Court of Appeals · 1912
- Levy v. American Beverage Corp.Appellate Division of the Supreme Court of the State of New York · 1942
- Kaufmann v. KaufmannSupreme Court of Pennsylvania · 1908
- Chenery Corporation v. Securities and Exchange Com'nCourt of Appeals for the D.C. Circuit · 1942
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3Cited by5 opinions
- St. Louis Union Trust Co. v. Merrill Lynch, Pierce, Fenner & Smith Inc.Court of Appeals for the Eighth Circuit · 1977
- Gifford v. RichAppellate Court of Illinois · 1965
- Ryan v. J. Walter Thompson CompanyDistrict Court, S.D. New York · 1971
- Bank v. FleisherDistrict Court, D. Nebraska · 1976
- St. Louis Union Trust Company v. Merrill Lynch, Pierce, Fenner & Smith IncorporatedCourt of Appeals for the Eighth Circuit · 1977